GLN 2.86% 18.0¢ galan lithium limited

Compelling opportunity, page-1893

  1. 34,330 Posts.
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    Mariana lithium brine project (Ganfeng owns 86.3%), resource 5Mt LCE @ 315 mg/l Li.
    So, what’s next for Ganfeng?
    Although my preference is, letting JP get GLN to production ASAP, which is the best option for shareholders, imo.
    Ganfeng to invest in solar-powered lithium project in Argentina


    21ST JUNE 2021

    BY: REUTERS


    China's Ganfeng Lithium , one of the world's top producers of the commodity used in electric-vehicle batteries, on Friday said it would invest in a solar-powered lithium plant in northern Argentina.
    Ganfeng will use a 120-MW photovoltaic system to generate electricity for a lithium extraction plant in Salta province's Salar de Llullaillaco, where it is already developing the Mariana lithium brine project.

    "Clean energy for clean lithium!" it wrote in a LinkedIn post.
    The Salta government earlier this week said in a statement that Ganfeng would invest almost $600 million in the solar-powered project - which it described as the first of its kind in the world - and another facility that will make battery ingredient lithium carbonate in nearby Guemes industrial park.
    Last edited by 8horse: 21/06/21
 
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